On 9/26/13, Newalta Corp (TSX: NAL.TO) will trade ex-dividend, for its quarterly dividend of $0.11, payable on 10/15/13. As a percentage of NAL's recent stock price of $15.32, this dividend works out to approximately 0.72%, so look for shares of Newalta Corp to trade 0.72% lower — all else being equal — when NAL shares open for trading on 9/26/13.
Below is a dividend history chart for NAL, showing historical dividends prior to the most recent $0.11 declared by Newalta Corp:
In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NAL is likely to continue, and whether the current estimated yield of 2.87% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NAL shares, versus its 200 day moving average:Looking at the chart above, NAL's low point in its 52 week range is $12.41 per share, with $16.39 as the 52 week high point — that compares with a last trade of $15.32.
In Tuesday trading, Newalta Corp shares are currently up about 0.5% on the day.